FDI and economic growth: new evidence on the role of financial markets

This study uses a threshold regression model and finds new evidence that the positive impact of FDI on growth “kicks in” only after financial market development exceeds a threshold level. Until then, the benefit of FDI is non-existent.

Bibliographic Details
Main Authors: Wan Ngah, Wan Azman Saini, Law, Siong Hook, Ahmad, Abd Halim
Format: Article
Language:English
Published: Elsevier 2010
Online Access:http://psasir.upm.edu.my/id/eprint/14738/1/FDI%20and%20economic%20growth%20new%20evidence%20on%20the%20role%20of%20financial%20markets.pdf
_version_ 1796968705577451520
author Wan Ngah, Wan Azman Saini
Law, Siong Hook
Ahmad, Abd Halim
author_facet Wan Ngah, Wan Azman Saini
Law, Siong Hook
Ahmad, Abd Halim
author_sort Wan Ngah, Wan Azman Saini
collection UPM
description This study uses a threshold regression model and finds new evidence that the positive impact of FDI on growth “kicks in” only after financial market development exceeds a threshold level. Until then, the benefit of FDI is non-existent.
first_indexed 2024-03-06T07:32:16Z
format Article
id upm.eprints-14738
institution Universiti Putra Malaysia
language English
last_indexed 2024-03-06T07:32:16Z
publishDate 2010
publisher Elsevier
record_format dspace
spelling upm.eprints-147382019-04-09T03:51:03Z http://psasir.upm.edu.my/id/eprint/14738/ FDI and economic growth: new evidence on the role of financial markets Wan Ngah, Wan Azman Saini Law, Siong Hook Ahmad, Abd Halim This study uses a threshold regression model and finds new evidence that the positive impact of FDI on growth “kicks in” only after financial market development exceeds a threshold level. Until then, the benefit of FDI is non-existent. Elsevier 2010 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/14738/1/FDI%20and%20economic%20growth%20new%20evidence%20on%20the%20role%20of%20financial%20markets.pdf Wan Ngah, Wan Azman Saini and Law, Siong Hook and Ahmad, Abd Halim (2010) FDI and economic growth: new evidence on the role of financial markets. Economics Letters, 107 (2). pp. 211-213. ISSN 0165-1765; ESSN: 1873-7374 https://www.sciencedirect.com/science/article/pii/S0165176510000285#! 10.1016/j.econlet.2010.01.027
spellingShingle Wan Ngah, Wan Azman Saini
Law, Siong Hook
Ahmad, Abd Halim
FDI and economic growth: new evidence on the role of financial markets
title FDI and economic growth: new evidence on the role of financial markets
title_full FDI and economic growth: new evidence on the role of financial markets
title_fullStr FDI and economic growth: new evidence on the role of financial markets
title_full_unstemmed FDI and economic growth: new evidence on the role of financial markets
title_short FDI and economic growth: new evidence on the role of financial markets
title_sort fdi and economic growth new evidence on the role of financial markets
url http://psasir.upm.edu.my/id/eprint/14738/1/FDI%20and%20economic%20growth%20new%20evidence%20on%20the%20role%20of%20financial%20markets.pdf
work_keys_str_mv AT wanngahwanazmansaini fdiandeconomicgrowthnewevidenceontheroleoffinancialmarkets
AT lawsionghook fdiandeconomicgrowthnewevidenceontheroleoffinancialmarkets
AT ahmadabdhalim fdiandeconomicgrowthnewevidenceontheroleoffinancialmarkets